Unsecured loans are available for home improvement projects nationwide and right now is a great time to look for a home improvement unsecured loan. Unsecured loans are a type of debt that is not collateralized by a lien on the borrower’s end. This simply means that the creditor relies on the promise of the borrower to pay back the funds that were borrowed. Payments are typically fixed for a number of payments. Most unsecured loans are short term, usually with one to five year term. On the market today there are more than 20 different kinds of loans available. The homeowner can find a specific home improvement unsecured loan that will work for them. These unsecured loans can be used for a variety of reasons from a kitchen update to new roofing to adding a pool or a spa. A homeowner will need to know the purpose of the loan, as well as how much they would like to borrow and what their credit score is.
Finding a home improvement unsecured loan is great for the homeowner for many reasons. They do not need to worry about putting any collateral up for it, and the payment terms are simple to follow just by paying the same amount each month. They work well for many homeowners that want a short term solution for their home improvement needs.
Get started today to find the loan or 0% Intro APR credit card to fit the needs of your project.
The above content is for informational purpose only. It does not constitute professional financial advice. If you have more questions, please reach out to a financial advisor for more information.
0% Intro APR on Purchases Up to 18 Months-
Over 30 Different Offers to Choose From-
Good to Excellent Credit Required-
Research and Compare all Cards - Start By Clicking "choose offer"
Same-day funding available (conditions apply)
Best for those with good credit
*Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice.
Payment Example: Monthly payments for a $10,000 loan at 8.99% APR with a term of 3 years would result in 36 monthly payments of $317.95.
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Marcus By Goldman Sachs® Offer Terms and Conditions
Your loan terms are not guaranteed and are subject to our verification of your identity and credit information. Rates range from 6.99% to 24.99% APR, and loan terms range from 36 to 72 months. For NY residents, rates range from 6.99%-24.74%. Only the most creditworthy applicants qualify for the lowest rates and longest loan terms. Rates will generally be higher for longer-term loans. To obtain a loan, you must submit additional documentation including an application that may affect your credit score. The availability of a loan offer and the terms of your actual offer will vary due to a number of factors, including your loan purpose and our evaluation of your creditworthiness. Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans). Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness. Your verifiable income must support your ability to repay your loan. Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA and all loans are issued by Goldman Sachs Bank USA, Salt Lake City Branch. Applications are subject to additional terms and conditions. Receive a 0.25% APR reduction when you enroll in AutoPay. This reduction will not be applied if AutoPay is not in effect. When enrolled, a larger portion of your monthly payment will be applied to your principal loan amount and less interest will accrue on your loan, which may result in a smaller final payment. See loan agreement for details.
A credit card with an introductory 0 % APR is hands down one of the best deals in consumer finance today. If you qualify for the offer it is a great fit for home improvement purchases . Use it wisely and you can pay for large purchases such as home improvement over time with low, interest-free monthly payments. The trick in taking advantage of these credit card offers successfully is to remember the promotional time period and make every attempt to pay the balance in full before it expires. You can continue to make payments after the 0% period expires but this is where you will start paying interest. If you are faced with carrying a balance after the promotional period we recommend that you find another 0% offer and transfer the balance to the new card and starting a new 0% time line. In summary, a 0% card is usually the best option for large purchases such as home improvement if you can get approved.